BQE Water (CVE:BQE) Stock Price Down 1.6% - Here's Why

Shares of BQE Water Inc. (CVE:BQE - Get Free Report) fell 1.6% during trading on Monday . The company traded as low as C$48.35 and last traded at C$48.35. 309 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 700 shares. The stock had previously closed at C$49.14.

BQE Water Stock Down 1.1%

The stock has a 50-day simple moving average of C$51.75 and a two-hundred day simple moving average of C$56.25. The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98. The firm has a market cap of C$59.51 million, a PE ratio of 24.09 and a beta of 0.68.

BQE Water Company Profile

BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.